£440,456
This estimated value is based upon the latest sale price for the house of £360,000 on 27 Feb 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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7 Bourne Road, Bexley Village, DA5 1LW
Phone: 01322584453
Price Paid | Date |
---|---|
£360,000 | 27 Feb 2020 |
Semi-Detached |
Freehold |
Floor Area: 80 sq meters or 861 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in February 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £360,000 results in an estimated price of approximately £440,456.
27 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 148.6 | 22.349 % | £360,000 | £80,456 | £440,456 |
The Postcode Pricing Model uses changes in average sales price within the DA5 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 239.724 % | £863,007 | £1,223,007 |
3 Month Average | 33.652 % | £121,146 | £481,146 |
6 Month Average | 22.299 % | £80,275 | £440,275 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £585,240 | £575,000 | 2 HARTFORD ROAD |
16 Jun 2023 | £293,556 | £290,000 | 17 HARBEX CLOSE |
5 Jan 2023 | £622,070 | £625,000 | 64 ROCHESTER DRIVE |
22 Aug 2022 | £618,336 | £620,000 | 62 ROCHESTER DRIVE |
16 May 2022 | £611,518 | £599,995 | 4 OTFORD CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 1 Nov 2019. Using an estimated price of £440,456 means this house is valued at £5,505 per sq meter (£511 per sq foot).
The average size of a house on OTFORD CLOSE is 104 sq meters (1,120 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Under investigation | On or near Otford Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Otford Close |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elmington Close |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elmington Close |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Hartford Road |